Balance of "China Money" Rises over 20 Tril. Won

SEOUL, KOREA- "China Money," or investment originating from China in such areas as stocks, bonds, and real estate, flowing into Korea has surpassed the 20-trillion-won level.According to the Financial Supervisory Service on August 5, the balance of Chinese investment inflow in stocks and bonds was 19,860 billion won as of the end of June this year. Of this, bonds accounted for 63 percent at 12,506 billion won, up 15.9 percent from 10,792 billion as of the end of 2012.

The share of China Money in total foreign portfolio investment was 12.4 percent. Chinese bond investors are the third largest group following those from the United States (21,486 billion won) and Luxembourg (17,763 billion won).

In the stock market, the balance of shareholding by Chinese investors as of the end of June was 7,354 billion won, up 18.0 percent from the end of last year's 6,233 billion won. Although Chinese stock investors' share in the total stock investment balance remains at 1.9 percent, the growth rate of the balance is the second fastest after those from Hong Kong.

Adding the balance in real estate investment of 1,324 billion won as of the end of March to all this, the total balance is in excess of 20 trillion won. If the not-yet-announced end-of-June figure is taken into account, the total balance is expected to rise further.

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